Qenta is a financial technology platform that utilizes proprietary blockchain technology to enable secure, real-time cashless payment processing and asset tokenization in the Austrian and Central European markets. Its flagship product, G-Coin®, allows users to buy, hold, and transfer digital ownership of responsibly sourced gold, providing a transparent and verifiable method for gold transactions.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional financial systems often lack the infrastructure to efficiently process payments and manage assets in emerging markets, particularly for individuals and small to medium-sized enterprises (SMEs). Existing solutions can be expensive, inaccessible, and lack transparency, hindering financial inclusion and economic growth.
Solution
Qenta provides a global payments orchestration platform that enables businesses to facilitate pay-ins and payouts across various payment methods, including physical cash, agency bank payments, mobile money, card transactions, and local alternative payment methods (APMs). The platform specializes in emerging markets, offering payment capabilities across Africa, South Asia, and South America. Qenta's solutions include eWallet top-ups, remittance processing, cross-border invoice settlement, and cash e-commerce payments. The platform also offers FX services for settlements from local currency to USD/Euro/GBP.
Target Audience
Qenta targets remittance platforms, eWallets, banks, NGOs, and PSPs (Payment Service Providers) that require payment solutions in emerging markets. The company also serves enterprises, SMEs, and consumers seeking access to digital assets and financial services.
Features
- Global payments network spanning 48 countries, with expansion in progress
- Integration with key payments tech companies across Africa and LatAm through a single API
- Support for various payment methods: physical cash, agency bank payments, mobile money, card transactions, and local APMs
- Digital wallet issuance and support for branded digital wallets
- Blockchain-enabled tokenization of commodities and other assets
- Seamless identity verification and compliance solutions for customer onboarding
- Supply chain tracking and business ecosystem management powered by blockchain